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Growthpoint to divest Perth Woolworths distribution centre for $268 million
8:31am on Wednesday 12th of August, 2026 AEST
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Real Estate
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Growthpoint to divest Perth Woolworths distribution centre for $268 million
8:31am on Wednesday 12th of August, 2026 AEST
Key Points
Sale of Woolworths distribution centre for $267.7 million
Asset held since 2009 with multiple expansions
Expected unlevered IRR of approximately 12%
Pro forma gearing reduction by around 4%
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Growthpoint Properties Australia (ASX:GOZ)
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